DESJARDINS RI CANADA - NET-Z (DRMC.CA) Stock Technical Analysis
Canada - TSX:DRMC - CA25060H1064 - ETF
39.86 CAD
-0.11 (-0.28%)
We assign a technical rating of 8 out of 10 to DRMC. Although DRMC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: DRMC has an average volume of 3096 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by DRMC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
When compared to the yearly performance of all other stocks, DRMC outperforms 65% of them, which is more or less in line with the market.
In the last month DRMC has a been trading in a tight range between 38.12 and 40.23.
Considerably lower volume is observed in the last couple of days.
DRMC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
31.53
40.38
When analyzing the support we can see 3 important areas.
- A support zone ranging from 38.66 to 39.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.02 to 35.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.87 to 39.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DRMC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DRMC.CA is up. |
| ChartMill Relative Strength | 65.26 | NEUTRAL | DRMC.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRMC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRMC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRMC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.47 | NEUTRAL | The RSI value for DRMC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DRMC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.83 | OVERBOUGHT | The high Stochastics value suggests DRMC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for DRMC.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 57.93 | POSITIVE | The high ADX value value for DRMC.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:DRMC (10/16/2025, 7:00:00 PM)
39.86
-0.11 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week0.83%
2 Weeks2.1%
1 Month4.26%
3 Month12.09%
6 Month27.15%
12 Month25.7%
2 Year68.54%
3 Year73%
5 Year114.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%1%
ATR Inc-14.44%
Range Today0.37
ADR(20)0.28
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.26
Mansfield0.68
10 Day High40.23
10 Day Low38.9
20 Day High40.23
20 Day Low38.12
52 Week High40.23
52 Week Low28.84
CS1 End39.49
CR1 Start39.87
Volume & EV
DER(3)0%
DER(5)-1.58%
Volume2.45K
Volume Incr-77.85%
Vol(5)1.25K
Vol(50)3.10K